By Gian Estrada
Publication Date: 2026-10-13 17:37:00
The chip selloff rolled into a second day on Tuesday, October 13. Micron (MU:NASDAQ) was down about 4.5% by 10 a.m. ET, after a 3.9% drop on Monday. Nvidia (NVDA:NASDAQ) and Broadcom (AVGO:NASDAQ) each slipped about 1% before the bell, Forbes reported. Asia took the worst of it overnight: SK Hynix fell 10.1% and Samsung 7.4%.
The stocks fell together, but for two different reasons.
Two Fears Behind the Chip Selloff
The first is China. Over the weekend in Shanghai, memory maker CXMT said it had made “key progress” on a denser DRAM cell design that Samsung and SK Hynix are also chasing, and that it plans a server-memory product built on it by the end of 2026, according to the South China Morning Post. Research firm TrendForce, cited by Forbes, estimates the design could pack 30%…